According to an article by the Associated Press, Oil Prices Fall on Economic Worries by John Wilen, the price of oil dropped recently mainly because of the Fed reducing the interest rate in an effort to help stave off a recession. The article also mentioned that a recent attach on six oil ships by Nigerian rebels may have also helped the price to go down.

Needless to say, we live in a very volatile economy. The price of oil continues to act like a roller coaster ride going up and down all over the place. In fact, according to this same article many analysts are still predicting that gas prices this summer will be in the $3.50 to $3.75 range.  But then other analysts seem to feel that these numbers are exaggerated.  So even the analysts can’t decide!

One thing is constant though: using a good fuel additive will help your car to get more gas mileage out of your car.  Whether the price is $2.00 a gallon or $4.00 a gallon, using DurAlt products will help you get more out of your gas.

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2008 is just around the corner, and this is a great time to set a New Year’s resolution to spend less on your fuel bill!  One very easy way to do this is to use a proven gas additive such as the ones sold at FuelAdditiveStore.com.  The DurAlt line of fuel additives have been proven to increase gas mileage an average of 8-12%.  Just think how much that could save you over the next year!

Prices are expected to stay high through 2008.  Using a good gas additive is a very simple way to dampen the effects of this type of a market.  Who knows what the future holds for gas prices, but it is probably too soon to get very optimistic about the prices coming down anytime soon.

So here’s to a great new year, and a new resolution to save money on your fuel bill!

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US News has published their list of 50 cars that will be on sale for the coming year, called the Thrifty Fifty (see the list here). This list shows several details about each of the cars, included the calculated gas mileage that the car will get. If you haven’t heard, the government has changed the way they measure gas mileage starting in 2008 to be more realistic.

Any of these cars could maintain a better gas mileage over time by using a good diesel additive or gas additive depending on the type of gas they use. So have a look at the list and this can help you make some good decisions on the next car you are going to buy.

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According to TractionReview.com the IRS is increasing the amount that businesses and individuals can write off for mileage on their car if the car is used for business.  They report that the standard rate in 2008 is going to be $0.505 per mile.  This is a $0.02 increase over the standard rate from 2007.

This is good news for business owners and individuals that use their car for business.  This should help dampen the effect that high gas prices has on these individuals.

Another great way to dampen this effect is to use a proven fuel additive or diesel fuel additive to increase the mileage you get out of each gallon you put in your tank.  Visit our website for more details or to purchase some fuel additive for your vehicle.

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Daily Fuel Economy Tip did an interesting survey last week to find out how much people were spending on average for gas each month. Here is the breakdown according to the poll:

• 6% of respondents spend less than $50
• 20% of respondents spend between $51 and $100
• 33% of respondents spend between $101 and $200
• 21% of respondents spend between $201 and $300
• 11% of respondents spend between $301 and $400
• 9% of respondents spend more than $400

So where would you put yourself on this list? Do you realize that no matter where you are on this list, you could be spending less by using a good fuel additive every time you gas up? If you save the average 10% on your fuel costs, you can do the math and see how that would help you save money each and every month.

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If you’ve been looking at the gas mileage ratings for any of the new 2008 car models you may notice that the numbers are going down rather than going up.  Don’t worry, this is not because cars are getting less efficient!  It’s actually because the EPA is changing the way that it determines gas mileage, and these changes are a good thing.

Previously there have been a lot of complaints because the tests that have been performed to determine gas mileage are not representative of real driving conditions.  So in 2006 the EPA decided to revise the tests that they used to determine gas mileage, starting with the 2008 models.

The new changes are intended to make the estimates more realistic.  For example, the new test include driving the cars at higher freeway speeds, running with the AC on, etc.

As always, keep in mind that your real gas mileage is determined by a lot of different factors, not just what the EPA or the manufacturer says that you will get.  But at least now the numbers won’t be as inflated as they have been in years past.

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